








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in West Lafayette at 4772 Elijah St, West Lafayette, IN, 47906 listed at $274,900 pairs $1,905/mo rent with a $1,346/mo payment to leave $241/mo cash flow. Total monthly income runs $1,905/mo, and annual cash flow reaches $2,889/yr on $91,129 cash to close. Return on cash invested measures 23.08% in year one, and rental yield registers 8.32% at a $274,900 basis. Equity gained on principal adds $1,774/yr, and annual property appreciation at 5% supports $75,950 by year five. Five-year ROI tracks 119.68% and total cumulative return in cash totals $109,059. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,905/mo property income relative to a $1,346/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2008
5,662 sqft lot
$N/A/sqft
$175 annually HOA
Neighborhood data shown for ZIP Code: 47906, West Lafayette, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 30,475 (100%) |
| Owner Occupied HU | 12,026 (39.5%) |
| Renter Occupied HU | 15,431 (50.6%) |
| Vacant Housing Units | 3,018 ( 9.9%) |
| Median Home Value | $337,444 |
| Average Home Value | $371,802 |
Residential
28,098
Single Family
17,941
Multi-Family
10,157
Businesses
863
Date | Event | Price |
|---|---|---|
| 2025-10-02 | Listed for sale | $274,900 |
| 2009-08-14 | Sold | $117,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-03 | $1882.92 | -49.30% | $221,300 | 8.59% |
| 2023-10-03 | $3714.00 | 24.63% | $203,800 | 9.75% |
| 2022-10-03 | $2980.00 | 7.12% | $185,700 | 24.63% |



Listed by: John Townsend • Trueblood Real Estate
Mls Name: IRMLS
Mls Provider:
Mls ID: #202539872
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.